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LTCBTC trade ideas

#LTC/BTC - Breakout - Potential 3.53%See if we can catch a quick 3.5% as LTC shows a technical breakout in the run up to the having. Tight targets as I still feel BTC may get a push from the debt ceiling deal, the removal of the BTC mining tax has, I think, yet to be priced in to yesterdays bullish response. Direction: Long Market: Spot Risk: 0.25% - 1% #BTC_LTC Exchange: BINANCE Timeframe: 360 TP1: 0.003343 Entry: 0.003287 STOP: 0.003231 Entry Conditions: | Relative volume breakout | Falling wedge breakout
Long
by CryptoNicho
LITECOIN BITCOIN IS GOING TO EXPLODE! The Litecoin to Bitcoin ratio has been in a massive multi year falling wedge due to all these junk coins coming out and flooding the market. This caused Litecoin to fall on the back burner as many people are stuck on the hype of all the new junk out there. Non the less Litecoin is what it is and its true value is about to show. This wedge has broken after many years and for the first time a golden cross is about to happen which will rocket Litecoin to its proper LTC/BTC valuation. Also if you go look at the Litecoin wallet rich list, smart money has been accumulating millions of Litecoin for the past year in preparation while all the lemmings are buying Shib, XRP, and the like. Litecoin will lead this next Altcoin rally in gains and in adoption as people fly out of their shltcoins and get into assets thats are not securities. So many people are delusional in this space and believe all the hype around the crap that has come out recently as far as new cryptos. Almost nothing will survive the coming SEC purge of the crypto space except for Litecoin and Bitcoin and possibly a couple more. Dont listen to the haters, they are emotional because they are holding bags of dirty diapers and they think they will get rich when in reality they will all lose their shirts unless they get out before the herd and into the proven cryptos like BTC and LTC. Hold strong Litecoin fam, the day of reckoning is coming and we will surely be rewarded for our patience. This is not financial advice this is just my opinion. Thank you
Long
by Bitgolder
6
Attn: Bonfire Indicator Users. For those using Bonfire for squaring price and time you may notice the squares have turned to circles due to changes within Tradingview. This was the original way I used Bonfire but it was a little time consuming. You can verify this by researching the original Bonfire script that I published years ago... As a temp fix, I have been brushing up on using squares that are tangent to circles. The original way I used to square price with Bonfire rings. First you scale price to fit price to circle then you manually build the squares to the tangents of the circles. When setting up the Bonfire rings, I slide the scales left to right until I find the rings capture the price. On this particular chart then drew circles from the (Bonfire centered) candle to match the rings on the indicator. Make sure to lock the scale once you fit the price to the rings. Then, align and draw squares tangent to circles. As you can see, the squares you build can be used a quadrants as well.
Long
by CaptBlackBeard
✳️ Litecoin Higher Low Now, New Bullish Wave, Be Prepared!While some people are still within the doom and gloom mentality, preparing for lower lows forever, new bottoms, market crash, etc. Cryptocurrencies are already moving up. The Altcoins vs Tether pairs are incredibly clear, printing between 300 and 500% in the initial bullish wave and the Altcoins vs Bitcoin pairs preparing for another leg up. ✔️ Bitcoin is also ultra-strong above EMA10 daily, no strong crash after a massive, huge 85%+ phase of growth. Imagine, this only tells us that Bitcoin is stronger than usual, not weaker, do not expect new lows, a new bottom... Instead of $11,000, you should be preparing for $32,000, $35,000, $38,000, $41,000 and beyond. Only late this year we are likely to experience a strong correction that will do nothing but confirm all the bullishness we have been experiencing now month after month. Litecoin vs Bitcoin (LTCBTC) is preparing for its next high. Notice, that while some people think that ALTSBTC pairs drop when Bitcoin grows and phantasize on some strange dynamics, the market simply grows together as whole with some slight delays between set of coins. Here LTCBTC bottomed in June 2022, exactly the same date as most of the market when the capitulation low was confirmed. After this phase we get up, up and more up. Correction and retraces are normal, once a correction ends, we get the next leg up. This is another opportunity, how you approach the market is your sole responsibility. Be wise, be patient, study and know that regardless of what happens, if this opportunity goes away another one will always show up. You are a divine human being. ✔️ We all make mistakes, if you did something wrong now, if you feel burdened by something of your past just let it go. You are special and you deserve the best, now & always... ✔️ Struggles and challenges are the experiences that helps us grow and evolve. Namaste.
Long
by AlanSantana
7
LTCBTC vs BTCUSD - Altcoins - I noted that BTC would pause around 28k and alts would play catch up. This is a necessary sweep for alts as new money in terms of fiat are falling flat. The timing is perfect with momentum strongly in Bitcoin's favor, the algos sold off / liquidated alts into BTC for mild gains (in BTC pairings) but in return now get to capitalize on those gains + a discounted alt price + confirmation of many alts retesting lows. It really is a beautiful thing to watch. Having reduced my position each time LTCBTC failed one of my major trendlines, I found being patient to renter very difficult. Soon it became apparent that alts would decouple from BTC and do some "discovery" below. Now is the time for being dedicated to a plan and diligent to see it through. That could be in the form of confirmation of the price capturing a level above or you could simply start taking a position here, only adding to it with more drops and/or the confirmation mentioned previously. Personally I like the odds and if your plan includes risk management than even better.
by CaptBlackBeard
#LTCBTC - A Small but Profitable Short#Litecoin has recently reached new highs and has been ranging in the upper band since late last year. We appear to be consolidating within tighter ranges recently and can see a small but profitable drop to meet the ascending trend line. If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
Short
by theCrypster
22